Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14368. (Read 26708413 times)
March 08, 2018, 09:03:47 PM
What did he think would happen by hitting the sell button on big chunks like that, rather than OTC? Either he is incompetent, which is highly unlikely as the old Japanese BAR exam was the hardest exam in the world, or he was "influenced".
March 08, 2018, 09:01:00 PM
doom doom doom
DOOOMMM
DOOOMMM
160,000 BTC is nothing. A blip on the radar. This is good for Bitcoin.
I bet the trustee takes years to dump the bitcoins. Why would he rush when he's already earned $1.4 million in fees?
If he stretches it out for a few more years he can earn another $1.4 million.
https://www.reuters.com/investigates/special-report/bitcoin-gox/
Quote
According to Kobayashi’s most recent status report on the Mt. Gox bankruptcy, dated Sept. 27, as trustee he has received 163.7 million yen, or about $1.4 million, in fees since his appointment.
My gambling days are behind me.
March 08, 2018, 08:56:27 PM
doom doom doom
DOOOMMM
DOOOMMM
160,000 BTC is nothing. A blip on the radar. This is good for Bitcoin.
I bet the trustee takes years to dump the bitcoins. Why would he rush when he's already earned $1.4 million in fees?
If he stretches it out for a few more years he can earn another $1.4 million.
https://www.reuters.com/investigates/special-report/bitcoin-gox/
Quote
According to Kobayashi’s most recent status report on the Mt. Gox bankruptcy, dated Sept. 27, as trustee he has received 163.7 million yen, or about $1.4 million, in fees since his appointment.
March 08, 2018, 08:55:42 PM
wow 8000s again
March 08, 2018, 08:50:04 PM
BTC gonna c some dark days
March 08, 2018, 08:46:18 PM
Of interesting note is that nothing before, during or after price crash caused the mem-pool to increase notably in size. Meaning people did not rush to move bitcoin to exchanges, not very many anyway. It appears to have made very few people freak out.
March 08, 2018, 08:45:01 PM
doom doom doom
DOOOMMM
DOOOMMM
160,000 BTC is nothing. A blip on the radar. This is good for Bitcoin.
March 08, 2018, 08:43:15 PM
You should be even more persona non grata than yours truly.
March 08, 2018, 08:42:41 PM
doom doom doom
DOOOMMM
now away with you before I dump further
DOOOMMM
now away with you before I dump further
March 08, 2018, 08:36:43 PM
just popping in to tell JayJuanGee to suck it
(suck it JayJuanGee)
(suck it JayJuanGee)
Hahahahahahha
I'm glad a newbie like yourself has found such an important theme in this thread that inspires you to engage your keyboard with such substantive and deep insight.
I captured a little video of your reaction to ur selfie:
lol
it's like bag on Jay Thursday
we should make this a weekly thing
it's like bag on Jay Thursday
we should make this a weekly thing
Or maybe that was jojo on that above video?
March 08, 2018, 08:34:00 PM
I guess the market is planning to sit like a lump until the rest of the Gox coins are dumped.
Only 160,000 coins to go. Woot!
Only 160,000 coins to go. Woot!
March 08, 2018, 08:19:21 PM
Oh god Steve Bannon is a Bitcoin supporter and is now on my side.
Maybe Roach is just drunk Bannon. It would explain the whole Jew thing. This is bad.
Maybe Roach is just drunk Bannon. It would explain the whole Jew thing. This is bad.
March 08, 2018, 08:17:12 PM
A smart guy buys property which has utility worth and hopefully far smaller percentage costs.
A house can cost a surprising amount of money to maintain, and this is the result if you don't keep spending money on it.
Bitcoin costs nothing to maintain. Keep hodling long enough and it will give you a good return.
Your motivational 'speech' is not bad!
Maybe in the future bitcoin will buy us 'self repairing houses'.
(edit: At 0 extra costs ofc! )
March 08, 2018, 08:08:19 PM
... the interesting part of the trustee GOXing was it took so few coins to accomplish a ~14k drop in price, i.e. 36,000 btc or ~$380 million spread over ~50 days.
The flip side to that being how high/fast BTC price can appreciate when similar sized inflows are experienced.
Yes, let's ignore the usual trading games and consider supply and demand.The flip side to that being how high/fast BTC price can appreciate when similar sized inflows are experienced.
I guess it was a big chunk for the ecosystem. The 'natural' amount added by mining during 50 days is 50 * 24 * 6 * 12.5 = 90k BTC at the moment. He added 36k or 40%. Let's say miners will sell just half of their mined BTC to cover running costs. Then Mr. Kobayashi added 80% to the natural supply...
If he really dumped this amount on exchanges not using OTC trades I would say it was at least good fuel for the FUD campaigns we've seen so far in Q1 and the price keeps up very well.
How's Ellen supposed to explain this to her audience?
March 08, 2018, 08:07:39 PM
Paint a bull flag. Long / shorts still in bearish territory but trending upwards towards bullish.
March 08, 2018, 07:40:39 PM
... the interesting part of the trustee GOXing was it took so few coins to accomplish a ~14k drop in price, i.e. 36,000 btc or ~$380 million spread over ~50 days.
The flip side to that being how high/fast BTC price can appreciate when similar sized inflows are experienced.
Yes, let's ignore the usual trading games and consider supply and demand.The flip side to that being how high/fast BTC price can appreciate when similar sized inflows are experienced.
I guess it was a big chunk for the ecosystem. The 'natural' amount added by mining during 50 days is 50 * 24 * 6 * 12.5 = 90k BTC at the moment. He added 36k or 40%. Let's say miners will sell just half of their mined BTC to cover running costs. Then Mr. Kobayashi added 80% to the natural supply...
If he really dumped this amount on exchanges not using OTC trades I would say it was at least good fuel for the FUD campaigns we've seen so far in Q1 and the price keeps up very well.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
March 08, 2018, 07:26:56 PM
Another wannabe trader thinks he can analyse patterns, trends and support/resistance on the 5 minute chart.
Sigh.
Sigh.
March 08, 2018, 07:26:12 PM
stupid lawyer/manager breaks the best TA?
March 08, 2018, 07:19:38 PM
stupid lawyer/manager breaks the best TA?
March 08, 2018, 07:11:16 PM
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